111 Capital raised its stake in Honeywell International Inc. (NASDAQ:HON – Free Report) by 9.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,515 shares of the conglomerate’s stock after buying an additional 1,317 shares during the period. 111 Capital’s holdings in Honeywell International were worth $3,613,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in HON. Brighton Jones LLC increased its holdings in shares of Honeywell International by 9.1% in the 4th quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock worth $4,302,000 after buying an additional 1,582 shares during the last quarter. Beacon Financial Group increased its holdings in shares of Honeywell International by 52.6% in the 1st quarter. Beacon Financial Group now owns 3,759 shares of the conglomerate’s stock worth $796,000 after buying an additional 1,295 shares during the last quarter. Charles Schwab Trust Co increased its holdings in shares of Honeywell International by 59.0% in the 1st quarter. Charles Schwab Trust Co now owns 1,724 shares of the conglomerate’s stock worth $365,000 after buying an additional 640 shares during the last quarter. Retirement Planning Group LLC bought a new position in shares of Honeywell International in the 1st quarter worth $226,000. Finally, Vest Financial LLC increased its holdings in shares of Honeywell International by 65.1% in the 1st quarter. Vest Financial LLC now owns 10,744 shares of the conglomerate’s stock worth $2,275,000 after buying an additional 4,236 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft increased their price target on shares of Honeywell International from $268.00 to $271.00 and gave the stock a “buy” rating in a report on Thursday. Barclays increased their target price on shares of Honeywell International from $258.00 to $265.00 and gave the company an “overweight” rating in a report on Wednesday, July 9th. Morgan Stanley increased their target price on shares of Honeywell International from $225.00 to $245.00 and gave the company an “equal weight” rating in a report on Monday, July 28th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Honeywell International in a report on Saturday, September 27th. Finally, Royal Bank Of Canada reduced their target price on shares of Honeywell International from $254.00 to $253.00 and set a “sector perform” rating on the stock in a report on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, Honeywell International has a consensus rating of “Moderate Buy” and a consensus target price of $254.79.
Honeywell International Trading Down 0.9%
Shares of HON opened at $209.05 on Friday. The stock has a market capitalization of $132.73 billion, a P/E ratio of 23.78, a PEG ratio of 2.38 and a beta of 1.06. The company has a quick ratio of 0.97, a current ratio of 1.29 and a debt-to-equity ratio of 1.81. The firm has a fifty day simple moving average of $215.63 and a two-hundred day simple moving average of $217.34. Honeywell International Inc. has a twelve month low of $179.36 and a twelve month high of $242.77.
Honeywell International (NASDAQ:HON – Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The conglomerate reported $2.75 earnings per share for the quarter, beating the consensus estimate of $2.66 by $0.09. The business had revenue of $10.35 billion during the quarter, compared to analysts’ expectations of $10.01 billion. Honeywell International had a net margin of 14.30% and a return on equity of 37.37%. The firm’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.49 EPS. Honeywell International has set its FY 2025 guidance at 10.450-10.650 EPS. Q3 2025 guidance at 2.500-2.600 EPS. On average, research analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current year.
Honeywell International Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, December 5th. Shareholders of record on Friday, November 14th will be given a dividend of $1.19 per share. This represents a $4.76 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Friday, November 14th. This is an increase from Honeywell International’s previous quarterly dividend of $1.13. Honeywell International’s dividend payout ratio is currently 51.42%.
Insiders Place Their Bets
In other news, CEO Lucian Boldea sold 42,149 shares of the firm’s stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $221.58, for a total value of $9,339,375.42. Following the completion of the sale, the chief executive officer directly owned 10,334 shares of the company’s stock, valued at approximately $2,289,807.72. This trade represents a 80.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.20% of the stock is owned by insiders.
Honeywell International Profile
Honeywell International Inc engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company’s Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity services.
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